HEADLINE STORIES

The Royal Bhutan Police (RBP) is investigating the bank glitch case as a possible larceny case after detaining the businessman who received around Nu 1.5 billion in his account and used Nu 191 mn for paying loans, land transaction and paying suppliers. Depending on its investigation, RBP is looking at …

The Office of the Attorney General (OAG) is considering charging Sandeep Rai Chamling with online gambling and tax evasion in court. The RBP investigation listed seven probable charges against Sandeep, which are online gambling, misleading advertising, tampering with documents, money laundering, larceny by deception, fronting, and tax evasion. The OAG …

The exemption given for years to Rural Businesses has now come to an end, and so businesses in rural areas are required to pay Business Income Tax (BIT) by 31st March 2026. According to sources, around 6,000 businesses in Thimphu, Punakha and Wangdue areas that were previously exempt have not …

His Majesty The King granted an Audience to the participants of the 18th Golden Youth Award (GYA), an annual flagship programme of the Bhutan Youth Development Fund (YDF), in Thimphu on 17 March 2026.  The programme, being held from 12 to 20 March at the Nazhoen Pelri Youth Development Centre, …

From 16th March 2026 onwards there was a major hike in petrol and diesel prices as petrol increased from Nu 63.29 per liter in Thimphu to Nu 85.30 and diesel increased from Nu 70.18 to a whopping Nu 108.17. Given the war in Iran and the shut down of the …

A businessman in Bhutan with multiple bank accounts in the Bank of Bhutan (BoB) noticed a strange development with one of his CD accounts from 1st March 2026 onwards. There were unexplained and large deposits into the particular account, and each time he made payments from the CD account, instead …

On the afternoon of 3rd March 2023, a Druk Air helicopter carrying 42-year-old Gyem Gyeltshen, his wife and their two daughters crashed at around 2.25 pm in Wachey, Lunana. The crash resulted in the death of Gyem’s 38-year-old wife, Dresang Pema, and their four-year-old daughter, Nima Pelden. Gyem, his older …

While all eyes have been on fuel prices and availability due to the Iran War and the disruption at the Strait of Hormuz, another important item that is also not getting through is a large amounts of fertilizers or the raw materials needed to produce them. There is already growing …

One of the big discussion points has been the impact of the 5 percent Goods and Services Tax (GST) on essential goods. While GST was expected to increase prices in food items like vegetables, fruits, beef, cereals (minus rice), flour, it was supposed to bring down prices in items like …

The internal target of the Ministry of Finance (MoF) for the Goods and Services Tax (GST) collection is Nu 6.8 billion (bn) for six months from January to June 2026 with an average monthly target of Nu 1.133 bn. However, as of 11th March 2026, the total GST collection which …